Verb Technology Company Inc (VERB)

[redspeed]

That quote was from a few months ago. Unless they did in the last two months what they couldn't do in the last 5 years, they are still with Oracle.

In some cases this is called vendor lock in. You are in so deep and it's so core to everything you do, it would cost 100's of millions to try to rip it out. Obviously it's something that everyone doesn't want widely know.

I posted this elsewhere as more food for thought...


If you had to pick who you would do a deal first in the land of the giants, doing it with Oracle is a home run. You hit all the customers and put a little pressure on the competition. Had you been fortunate of doing SF or SAP first, you don't have that advantage and run the risk of Oracle not feeling the pressure and not doing a deal later on.

Oracle wants to drive cloud sales in a big way. For the last year they've been hiring like gangbusters. They have 1,619 sales openings right now only topped by 1,797 in product development.

That potentially is $250M in product development new hires and another $250M in sales new hires per year.

That's 1/2 a billion in new hires. This is why partnering with nFusz vs building from scrach is a Win-Win not only on the product side, but can also help on the sales side.